Flex Ltd. reported that director William D. Watkins received an equity award on July 15, 2026, under the company’s Share Election Program, through which directors may elect to receive equity in lieu of cash compensation. The filing states that Watkins was awarded 316 restricted share units, or RSUs, covering Flex ordinary shares. The award related to director compensation for the quarterly period from April 1, 2026, through June 30, 2026. The RSUs vested immediately upon grant, meaning Watkins became entitled to the underlying shares at the time of the award. No purchase price was reported in the filing, consistent with a compensatory equity grant. The transaction code was not shown in the provided text, but the reported action was an equity award/grant. Flex said the Share Election Program had been approved by the company’s board of directors on July 24, 2013, and by shareholders on July 29, 2013. The filing describes the award as part of that previously approved compensation arrangement rather than an open-market purchase or sale. The filing also notes that Watkins’ holdings include 6,718 unvested RSUs. Those units are scheduled to vest in full on the date immediately before Flex’s 2026 annual general meeting. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable ordinary share for each vested RSU that has not been forfeited. The Form 4 was signed on July 17, 2026, by Kristine Murphy as attorney-in-fact for Watkins. The filing does not provide a clear aggregate post-transaction beneficial ownership total in the text provided, aside from the specific 316 RSUs awarded and the 6,718 unvested RSUs included in his reported holdings.